Corn has continued to fall, wheat has collapsed, soybean auctions have increased, and what happened to the low grain prices?

This year’s grain market can be said to be volatile. As new grains are launched one after another, coupled with the fact that the weather is not very good this year and the quality of corn and soybeans is not too high, grain prices this year are also in the doldrums. state. And wheat, which was originally "high", has recently begun to decline at an accelerated pace. What's going on? Are food prices going to "change" in the future?

01. Corn has continued to fall

The recent corn market can be described as sluggish and declining, especially in the Northeast. Due to the significant increase in supply, the market has ushered in a wave of decline, and prices have fluctuated. . In the south, because manufacturers have too much inventory, market purchases and sales are not very good.

However, in the past few days, as the weather in North China has improved, corn has also been dried, its moisture has decreased, and there have been more purchasers at the grassroots level, causing prices to rise steadily over the past few days.

Judging from the market situation in Shandong, Dongping Xiangrui increased by 1 cent, with a price of 1.32 yuan/catty; Seven Star Lemon increased by 0.5 cents, with a price of 1.35 yuan/catty; Huimin Chunhui fell by 0.5 cents, with a price of 1.32 yuan/catty. It is 1.29 yuan/jin. Generally speaking, the increase in Shandong is not too big. 481 cars arrived today, which is 45 cars less than the previous day. Due to the continuous decline in shipment volume, the corn market has gradually stabilized, but some companies still have a downward mentality.

In the Northeast, Haotian corn fell by 0.7 cents, with a price of 1.098 yuan/catty; Jingliang Longjiang and Longfeng corn each fell by 0.5 cents, with a price of 1.115 yuan/catty. Its market fell mainly due to the increase in shipments in Heilongjiang, but the company's inventory can still last for one month, lack of willingness to acquire, and strong price reduction.

Generally speaking, the corn market is still declining, but corn in North China may rise in the future. After all, corn prices have fallen, and farmers are reluctant to sell. Against the background of reduced arrivals, companies Also started to raise prices slightly. But it is obvious that corn prices will become "polarized" in the future, and low-quality corn will still not be sold at high prices.

It is reported that manufacturers in North China are now actively purchasing 20-year-old grain, and the purchase price is around 1.37 yuan/jin, which is higher than new corn. This is enough to show that manufacturers have a huge demand for high-quality corn, but Not too happy with the new corn. However, the quality of corn in the Northeast is impressive. Grain merchants may speed up the purchase of corn from the Northeast, which will help drive local corn prices higher.

As for the future trend of corn, it is not expected that there will be a big rise. After all, the country has also increased its import efforts. In September, it imported 3.53 million tons of corn, and the total import volume from January to September was 24.93 million tons, compared with Total imports doubled last year. With the increase in imports, the corn gap can also be replenished, and its price will naturally not rise sharply.

02. Wheat collapsed

Among the four major staple grains, wheat prices are the best. After the wheat harvest in May, wheat prices have started to rise and rise. , the manufacturer's purchase price has also reached about 1.3 yuan. After the Mid-Autumn Festival, wheat prices once again experienced a strong rise, and repeatedly broke through the high price. The wheat price in many places has reached 1.385 yuan/jin, getting closer and closer to the 1.4 yuan mark.

However, with the auction of 1 million tons of policy wheat, the wheat market has come to a standstill and prices have fallen. For example, the developed western district dropped by 1 point, the price is 1.335 yuan/catty; Jinshahe, Shahe and Nanhe each dropped by 1 point, the price is 1.33 yuan/catty; Baixiang Wudeli dropped by 1 point, the price is 1.34 yuan/catty; Daming Wudeli fell by 1 point, and the price was 1.325 yuan/jin; while Huatong Noodle Industry and Fudong District each fell by 0.8 points, and the price was 1.33-1.338 yuan/jin.

In general, the price of wheat fell by 0.1-1 cent today. However, due to the high price of wheat in the early period, the national average price today is still 1.328 yuan/jin, which is still at a historical high. As for the reason for the decline, on the one hand, after many consecutive days of harvesting, flour mills have sufficient stocks and their willingness to purchase wheat has weakened; on the other hand, flour sales have declined, manufacturers' inventories are at high levels, and the operating rate has gradually declined.

Of course, today’s 1 million tons auction is also the reason. As the purchase price has risen sharply, manufacturers’ costs have increased. Many companies have turned their attention to grain auctions, which in turn has suppressed the wheat market. As a result, wheat prices have continued to rise. go lower.

However, grain farmers should not be too nervous. Wheat will not fall sharply in the short term. After all, wheat is being grown in many places. If wheat prices fall, everyone’s enthusiasm for planting will also decrease. You can also take the opportunity to sell wheat. go out.

03. Increase in soybean auctions

With the successive launch of new beans, the price of soybeans this year is quite considerable, and the overall situation is "high opening and high going". Remember last year in the Northeast The price of soybean raw grain is 2.3-2.5 yuan/jin, but this year it has risen to 2.8-2.9 yuan/jin.

As for the reason, on the one hand, the planting area has decreased, and many farmers have turned to planting corn. It is expected that soybean production will decrease by 750,000 tons this year, thus raising the price; on the other hand, due to the impact of rain, the launch of soybeans in the north has been delayed. And due to the reduced production of land plots, farmers are reluctant to sell, which also drives grain merchants to rush for grain. The price has risen from 2.7 yuan when it was first launched to about 2.85 yuan/jin.

However, with the successive auctions of China Grain Reserves after the National Day, the market pattern has ushered in new changes, and Northeast soybeans have begun a wave of decline. Yesterday, Sinograin auctioned 25,519 tons of old beans, with a transaction volume of 17,092 tons and an average transaction price of 5,620 yuan/ton, which is 200 yuan/ton cheaper than new beans.

Tomorrow, Sinograin will continue to hold two auctions. In the context of this wave of auctions, it is not realistic for soybean prices to rise in the later period. It is expected that soybean prices will gradually stabilize and weaken.